Just checked $NOM , the market manipulation signals are very obvious. The net inflow ratio for contracts over 4/8/12 hours is still rising, clearly indicating ongoing accumulation.

From the chart, the spot market is a bit disappointing, with all timeframes from 1 hour upward showing net outflows. Over 12 hours, it dropped 1.7735 million, accounting for -18% of the market cap, forming a clear divergence from the contract side.
Looking at the market, contract positions are increasing, and the funding rate is slightly negative, which suggests that the bulls are leveraging the dip to accumulate. Although there is significant selling pressure in the spot market, the contract funding remains strong, and the big players' contract positions haven't been closed. Most likely, the price will continue to rise.